Beef price tracker 2

No I did not read it correctly but it's actually worse. @50HX posted that forward stores were making more than finished cattle. His sold for 4.75-4.85 per kg liveweight. To put that in perceptive was it 2 or 3 years ago they cattle made little more than that deadweight

Gordon Gecko said greed is good but that thinking is ridiculous. As 50HX said he would have to house them, he would probably be paying 350+/ ton for ration. Personally you sell cattle when and where ever you think you will get the most for them. If 50HX kept them cattle it's unlikely they would make anymore in 6-8 weeks time after consuming 150-200 euro or maybe more worth of feed.

Anyone that has sold whether in a Mart or factory before now if they got the higher level off prices is not going to see that money or especially profit again.

I posted a link to the DAFM cattle slaughter numbers. Have a look at it and do the calculations. Maybe I am wrong. Maybe someone got John Coughlan to fly 100k+ of them secretly out of the country.

IMO it's going to be a euro or more price difference between summer and autumn thus year.

I don’t think you understood my post.

What I meant was, and it’s just my opinion, selling the factory fit and forward stores in the mart is short term gain for long term pain. The reason they can drop the prices now is because they have control over the numbers now because they filled their feedlots and fridges.

Lads selling in the mart were happy because they thought they were getting a few euro more than selling in the factory. If all them cattle were kept away from the marts the factory price would have stayed rising to entice them out. The annual price drop that occurs at this time every year would have been happening from a higher base point then.

I know it would be very hard to get all farmers to come together on something like that and every lad will be thinking “sure my few cattle going to the mart isn’t going to make a difference” but if farmers could just stick together and keep the factory fit and forward stock out of the marts we’d have the control again.

There’s no point any farmer that sold forward stores complaining about feedlots and factories because if they weren’t selling them forward stores the feedlots would be empty.

Like I said farmers would have to stick together but I also understand that’s almost impossible to achieve.

Absolutely 💯 around here a lot of cattle go north from the two biggest marts round here and a lot of heavy cattle went this year

720kg

I do not think you understand the structure of Irish Farming. Where @50HX operates in Kerry they have got 3-4 inches of rain in the last 7 days. There has probably being limited 2nd cut @ftm2023 has dairy cows in since late July. Finished cattle flood( and they have little choice) out of the West Cork, Kerry, Clare etc from now on. While there is a silage surplus in certain parts of the country, it's probably 50/ bale in Kerry at present for decent stuff. A decent finishing ration is probably costing 400/ ton unless you can deal in straights.

Ireland has not got one climate or one land type. Neither are costs similar accross the country. A Feedlot could be mixing a top quality mix at present for 250/ ton and on a promise of 8.5/ kg for cattle in mid/late November for the Christmas market

But you're original post is illogical, it's based on the flawed assumption that farmers can control the market. We are dealing with an government allowed cartel